Mobile Home Investing Can Make You a Fortune

Mobile home investing seems to be all the rage these days.

With home prices becoming further and further out of reach for a lot of Americans — especially those who have been crushed by inflation — some folks are finding a solution in mobile home investing.  

To clarify, in this case, when I say mobile home investing, I’m referring to folks who are buying smaller, more affordable plots of land, and then living in mobile homes on those plots of land.  While the mobile home itself won’t likely increase in value the way a site-built home will, the actual land still serves as a wise investment that will pay off quite handsomely over time.

To give you an example of what I’m talking about, consider my good friend Catherine.  A single parent with three kids and no financial support from the kids’ father. 

She manages a small pub just outside of Burlington, VT where she makes about $70k a year.  Which is just enough for her to provide for her kids and put a little aside every month.  Her dream was to buy a home, as she and her kids were living in a small rental property that was costing her around $2,000 a month.  She was tired of throwing away all that cash every month.  So back in 2020, she started looking for a small home to buy. 

At that point, she had about $60k socked away. But even with about $60,000 in her arsenal, the homes in that area were still way out of her price range.  In Burlington, the average price for a single family home is around $500,000.  And I looked at those $500,000 homes.  The majority of them are complete garbage.  How people in Burlington can afford that is beyond me.  But I digress.

The point here is that this woman, who works probably 60 hours a week and is the sole provider for her children, didn’t make enough money to buy a home where she could raise her kids and get a little equity for herself.

She was, however, able to afford a small plot of land, and then have enough cash leftover to build a new mobile home on the property.

Between the property and the mobile home, she paid around $310,000.  And while a mobile home wasn’t what she had planned on, it’s actually pretty nice.  I hadn’t realized how far mobile homes have come.

When I was growing up, this is what a mobile home looked like…

Here’s what hers looks like…

This is where she and her kids live to this day.  And she couldn’t be happier.  Not just because she and her family have a clean and safe place to live, but because every day, she continues to build equity. 

She’s 32-years-old now.  By the time she’s 50, her loan will be paid off and the value of the land will have increased by at least 120% (based on what a real estate friend of mine told me who knows the area quite well).

In Catherine’s instance, this is absolutely a solid exercise in mobile home investing.  But there’s another way…

Mobile Home Investing REITS

Another way to invest in mobile homes is through a REIT that specializes in owning and operating income-generating properties associated with mobile and manufactured homes.  These include, but are not limited to…

• Sun Communities (NYSE: SUI) — Pays a 2.6% dividend.  Over the past ten years, the stock has gained in excess of 260.5%.

• UMH Properties (NYSE: UMH) — Pays a 4.3% dividend.  Over the past ten years, the stock has gained in excess of 259.1%.
  

• Equity Lifestyle Properties (NYSE: ELS) — Pays a 2.6% dividend.  Over the past ten years, the stock has gained in excess of 240.9%.
  

To be sure, REITs have always performed quite well for me, as long-term investments.

Consider Innovative Industrial Properties (NYSE: IIPR), for instance.  This is a REIT that myself and my good friend and colleague Brian Hicks recommended.  From its debut in 2016, the stock has gained in excess of 1,295%.  And that doesn’t include the dividend

Then there’s Arbor Realty Trust (NYSE: ABR).  This one has delivered gains in excess of 162% over the past decade, and currently pays an 11.3% dividend.

Of course, while Brian has made a lot of people a lot of money by recommending REITs like these, his latest play is already crushing any gains he made from those REITs.  

It’s actually a play on a new bitcoin loophole that’s already allowed us to score gains in excess of 6,700%.

To clarify, this isn’t about buying bitcoin, but instead, tapping into the meteoric growth of bitcoin without actually having to own any of it.  Based on recent returns, this is the kind of thing that can turn $5,000 into more than $348,200.  And if you don’t believe it, just look at the evidence for yourself.

Or better yet, just download Brian’s latest investment note on this bitcoin loophole strategy.

Not only will it show you exactly how it works, but it even gives you detailed instructions on how you can get a piece of this action for yourself — right now.

To a new way of life and a new generation of wealth…

Jeff Siegel

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Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.

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